The approval, announced on September 26, follows a special meeting of shareholders. The acquisition was overwhelmingly approved by Filo shareholders, with 99.99 percent voting in favor. The arrangement is subject to various closing conditions, including regulatory approvals and a final order from the Ontario Superior Court of Justice, which is scheduled for October 2. If...
Category: investingnews
Completion of Divesture of Non-US Assets
Hydralyte US is pleased to announce that the Agreement has completed and the sale proceeds of approximately US$9.45m (A$13.7m) have been received. source
40% Increase in Indicated Resource in Gold Domain and 60% in Copper Domain for Nueva Sabana Deposit
Refer attached Revised MRE by Mining Associates Pty Ltd and JORC Edition 2012 Table 1 Comment Antilles Chairman Brian Johnson commented: “Nueva Sabana’s MRE for the first stage of the proposed mine has increased in confidence and size and the outcropping high grade gold cap will underpin a low-cost, fast start-up operation. The updated MRE...
Digging for Votes: BC NDP and Conservatives Tout Mining Platforms
To unlock this value, the NDP and Conservative parties agree that mine permitting and development need to be streamlined and fast tracked to benefit BC, as well as national energy transition ambitions. To achieve this, the NDP wants to boost the province’s critical minerals sector while maintaining high environmental, safety and Indigenous partnership standards, Eby...
In Search of Alternative Financing for Critical Minerals Projects
Several critical minerals, in particular lithium and nickel, have been suffering from depressed prices for more than 12 months despite projections of ever-increasing demand, driven by Western governments’ energy transition goals. Attracting finance into critical minerals projects is one of the key challenges standing in the way of diversifying existing supply chains, which are typically...
Brightstar Completes Montague East Acquisition with BTR Group Mineral Resources Now 2.0Moz Au
HIGHLIGHTS For further details regarding the Transaction please refer to the Company’s ASX announcement released on 1 August 20241. Brightstar’s Managing Director, Alex Rovira, commented “The completion of the acquisition of the Montague East Gold Project from Gateway achieves the first step in Brightstar’s previously announced consolidation plan of the Sandstone district, adding shallow ounces...
New Phase of Growth Drilling Commences at High-Priority Gradina Prospect at Rogozna
Highlights: Exploration Update Strickland Metals Limited (ASX: STK) (Strickland or the Company) is pleased to advise that a new phase of drilling has commenced at the high-priority Gradina Prospect, part of its 100%-owned ~5.4Moz AuEq Rogozna Gold and Base Metals Project2 in Serbia (Figure 2). The drilling program follows the recent completion of a new...
BHP: Global Copper Demand to Surge 70 Percent by 2050
At the same time, a significant supply gap is emerging that could challenge the industry in the coming decades. BHP believes the expected rise in copper demand will fueled by both traditional industries and newer sectors. Historically, copper demand has been closely linked to economic development and industrialization. As countries industrialize, they require more copper...
Exploration ground truths point to future innovation path
Technological innovation is the cornerstone of human progress. At their best the foundational technologies of the modern world – such as the global internet, digital technologies, space travel, clean energy, and AI – fill me with a belief that hard problems are not permanent fixtures in time and space. They are mutable barriers humanity must...
Port of Montreal Strike Exacerbating Canadian Mining Sector's Supply Chain Woes
The Québec-based Port of Montreal, a critical hub for Canadian trade, is facing another labor strike that threatens to disrupt industries reliant on the movement of essential goods. Longshore workers at the Viau and Maisonneuve Termont terminals initiated a three day strike early on Monday (September 30) morning, halting operations. The terminals handle over 40...